In March, Brazil's job market created 244,315 jobs, reducing the unemployment rate to 7.9% since 2014.
In March, Brazil's job market showed a strong performance, creating 244,315 jobs and reducing the unemployment rate to 7.9% since 2014. The services sector led the job creation, with slightly increased wages. However, the central bank is cautious about potential inflationary impacts and plans to lower the benchmark interest rate by a half-point next month, while closely monitoring labor market dynamics.
April 30, 2024
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